Question

Directions: Match each term with the correct description. Write the correct letter next to each number. A. The money a business earns after expenses B. Keeping only the inventory needed right when it is needed C. Basic needs like food, water, and rest D. A goal for how many units should be produced E. The difference between expected and actual results F. The process of turning resources into products or services G. Recognition, responsibility, and personal growth H. Goods a business has available for sale or use I. Borrowing money with the promise to repay later
1. ___ Profit
2. ___ Operations
3. ___ Inventory
4. ___ Just-In-Time Inventory Control
5. ___ Physiological Needs
6. ___ Motivators
7. ___ Quantity Standard
8. ___ Variance
9. ___ Credit

Answer 1

1. A
2. F
3. H
4. B
5. C
6. G
7. D
8. E
9. I